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Metropolitan DC Local Politics
Reply to "MM Is Dead"
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[quote=Anonymous][quote=Anonymous]As someone who bought a "teardown" and put a ton of work into the house to make it nice, I'll say that MM is driving developers to tear down more affordable housing to put in more expensive housing. The number of units isn't enough to drive down prices, but allowing developers to knock down older homes to put in shiny new builds is absolutely driving up prices.[/quote] Thank you! I bought a teardown 24 years ago, and we worked on it over time and I now have a $2 million home. Isn't that what people used to do. I never thought I was entitled to a huge house and a fancy kitchen at that age. I could have purchased a more updated home farther out, but I opted for a fixer-upper inside the city. It's about choices. It never dawned on me that I was entitled to live anywhere.[/quote]
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